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Ukraine's central bank opposes crypto legalization bill in its current form

The National Bank of Ukraine does not support the crypto legalization bill as it stands and wants lawmakers to revise it before the final vote, citing monetary sovereignty risks.

HighRisk Media Newsroom, , 1 min read · Читать по-русски

Ukraine's central bank opposes crypto legalization bill in its current form

The National Bank of Ukraine will not support the crypto legalization bill in its current form. According to CoinDesk, the regulator wants lawmakers to amend the document before the final vote. The main reason for the objections, according to the outlet, is concern over the country's monetary sovereignty.

The brief announcement does not make clear which specific provisions of the bill draw the central bank's criticism, or when parliament plans the final vote. The full article and details of the proposed changes are not available in the sources.

Sources

Prepared by AI from the sources above and checked against them (how we work). Spotted a mistake? Write to @highrisk_team.

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UkraineCrypto regulationCentral banksMonetary sovereigntyLegislation